Basis points are units that are used to describe a change in interest rates for a variety of investment instruments. One basis point is the same as 0.01% or 1/100th of a percent.

The article Weekly Mortgage Rates Continue to Fall as the Fed Debates Timing originally appeared on NerdWallet.

A further 50 basis point cut would take Banxico’s rate to its lowest level in three years, which could provide some relief to ...

Put Your Money on 50 Basis Points. Story by Jeff Remsburg • 9h. ... the market was betting big on just a quarter-point interest rate cut from the Federal Reserve at tomorrow’s September FOMC ...

As of June 26, the average rate for a 30-year fixed-rate mortgage dropped to 6.77%, down modestly from 6.81% the previous ...

Right now buyers have less competition, more options, and more time to consider those options,” one pro tells us ...

Despite basis points being a crucial part of one’s operation, Andrew Evans, CEO at Rossby Financial, said it’s a tax levied on financial advisors without a commensurate increase in significant ...

Mortgage rates today fell slightly. The 30-year fixed is at 6.73%. See rate trends and what they mean for buyers.

On Friday, both Williams and Waller failed to offer explicit guidance on the pressing question of 25 basis points vs. 50 on Sept. 18, but both offered a relatively benign assessment of the economy ...

National mortgage rates hold steady as the 30-year fixed remains at 6.73%. See how today's numbers compare and what they mean ...

One argument for cutting rates by 25 basis points, or 0.25 percentage point, instead of 50 basis points goes like this: The Federal Reserve only makes larger cuts when something is going wrong in ...